Chapter 585 [Planning of the semiconductor industry chain]

Near the end of May.

In the living room of Jingxinju Villa, Tian Jiayi looked at Fang Hong who was sitting next to him and said: "Today, the country has issued another integrated circuit policy to accelerate the development of the domestic semiconductor industry. Integrated Circuit Manufacturing Technology and Complete Process" project documents."

Hearing the word "02 Special Project", Fang Hong couldn't help but searched the past life memory information in his mind, and then nodded silently to himself.

The time point is almost the same, and the policy was launched around this time point in the previous life.

At the same time, Tian Jiayi said in an orderly manner: "The content and goals of this special project focus on the research of key manufacturing equipment from 45nm to 22nm, the development of 32nm to 22nm complementary metal oxide semiconductor CMOS technology, 90nm to 65nm Special nanotechnology, carry out forward-looking research on 22nm to 14nm, form 65nm to 45nm equipment, materials, process supporting capabilities and integrated circuit manufacturing industry chain, further narrow the gap with the world's advanced level, equipment and materials account for the domestic market share 10% and 20% respectively."

It is worth mentioning that major special projects are major strategic products, key common technologies and major projects completed within a certain period of time through core technology breakthroughs and resource integration in order to achieve national goals.

It can be said to be the top priority of technological development.

And Qunxing Capital is deeply involved in it. The investment in the primary market over the years, the big money burners are concentrated in the major technical engineering fields that the country urgently needs to solve, and its eight strategic investment directions have basically covered them.

Such as core electronic devices, high-end general-purpose chips and basic software, very large scale integrated circuit manufacturing technology and complete sets of technology, a new generation of broadband wireless mobile communications, high-end CNC machine tools and basic manufacturing technology, water pollution control and treatment, major new drug creation, large aircraft , high-resolution earth observation system, manned spaceflight and lunar exploration projects.

It also includes strategic industries such as information and biology, energy resources and the environment, etc.

The development pattern of the domestic integrated circuit industry has quietly changed in recent years. The biggest change is that the new city has gradually transformed into an integrated circuit industry cluster.

It is a high-tech industrial park promoted by Qunxing Capital. It can be said that one-third of the country's integrated circuit industry practitioners have gathered in the new city, and the number is still increasing.

There is even a saying in the industry now, if you want to make semiconductors, go to Xincheng!

If you want to start a semiconductor company, you have to go to Xincheng. If you go there, as long as you have real skills, you will not worry about not being able to get financing, because Qunxing Capital is located in that city.

At present, the original desolate scene in the western suburbs of the new city is gone forever, replaced by brand-new and wide roads, as well as R\u0026D centers, corporate headquarters, etc. in the park.

The city of Xincheng originally relied on the real estate industry and a small amount of manufacturing, but because of the rise of Qunxing Capital and the high-tech industrial park promoted by Qunxing Capital, the city of Xincheng has naturally followed the transformation of technological manufacturing to become the city's core pillar industry .

The continuous availability of high-end talents is also driving the rapid rise of housing prices in new cities.

It is passive and inevitable for technology manufacturing to become the core pillar industry of the new city, because the high-tech industrial park in the western suburbs does not only have the integrated circuit industry, but this is only a part of it.

The headquarters of Kyushu Blue Arrow Company is there. Several companies research and design satellites here, and the headquarters of Kunpeng Technology is also here.

However, among the enterprises stationed in the industrial park, enterprises in the integrated circuit industry accounted for 40%, more than one-third, which means that 4 out of every 10 enterprises here are engaged in semiconductors or related to it.

For example, there are five manufacturers of semiconductor thin film deposition equipment; two manufacturers of etching equipment; three manufacturers of EDA software, one manufacturer of lithography equipment; two manufacturers of testing equipment, and one manufacturer of cleaning equipment. There are three manufacturers, two manufacturers of glue coating and development, four manufacturers of polishing equipment, two manufacturers of heat treatment equipment, three manufacturers of ion implanters, and two manufacturers of glue removal equipment.

These companies currently have one thing in common, they all have the same major shareholder behind them, and that is Qunxing Capital.

At the end, Fang Hong said in a deep voice: "For semiconductors, follow our established route and eat up the low-end market first, and then focus on the nodes of 65nm, 55nm, and 45nm. If we lower the price, we can sell it at a lower price, don’t be afraid that we won’t be able to recover the cost, Qunxing Capital will provide sufficient financing support, and if equity financing reaches its limit, we will use debt financing.”

Tuition fees must be paid for remedial classes, and labor pains are inevitable.

But in the long run, if the low-end chip market is eaten up, foreign manufacturers will not be able to sell much high-end chips.

Because the high-end is expensive, and because it is expensive, the shipments must be small.

How many such expensive chips can the market accept? The demand is definitely incomparable with low-end chips.

If domestic semiconductors can make low-end chips into cabbage prices, and then iterate from low-end to high-end, after eating the low-end market, foreign chip manufacturers will actually be very uncomfortable, just like the leeks in the stock market are gone, the main force will be uncomfortable Yes, it is the same reason.

Moreover, many application scenarios do not actually require high-end chips, unlike products such as high-end smartphones that have extremely stringent requirements for chips.

For example, in some military fields and places where the working environment is relatively extreme, the reliability of the chip is more important. The point of being down-to-earth is that it is more important to be resistant to manufacturing. High-end chips such as high-end smartphones are very delicate.

The current situation is that foreign chip manufacturers have monopolized the high-end market, and others simply don't even make low-end products when they see that they can't do it. Since you can make the highest-end chips, they will do it for you.

That's why there are fewer and fewer manufacturers forming every link in the semiconductor industry chain. For example, the lithography machine is gradually left with ASML.

But the reality is that low-end chips are also extremely important to those chip giants. If someone eats up all their low-end chips, it is impossible for them to cover their R\u0026D costs with profits from selling high-end chips.

In fact, it is not only the chip semiconductor industry, but also the entire industrial manufacturing from a zoomed-in perspective. The hollowing out of the manufacturing industry in Laomei is very uncomfortable.

If it is not uncomfortable, then there will not be "Dong Wang" who is so eager to return the manufacturing industry to North America.

Regarding the strategic planning in the field of chips and semiconductors, Fang Hong’s strategic goals are very clear. He cannot just focus on high-end chips. The correct way to break the situation is to eat low-end chips first, and eat as much as he can. It can further slow down the progress of foreign chip giants in iterating high-end new products.

Originally, high-end chips could be produced one generation at a time, but after such a delay, they have been turned into one and a half or two years. To catch up with the independent replacement of the domestic semiconductor industry, it is tantamount to leading a generation in place, and then catching up frantically, the gap will inevitably increase. Accelerated shrinking.

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